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Athens, 18 th May 2016 Professor Georgios Doukidis, Director

“Software as a GameChanger for the Greek Economy”. Athens, 18 th May 2016 Professor Georgios Doukidis, Director ELTRUN: the E-Business Research Center Athens University of Economics & Business. 1. The Greek I.T. Sector. 6000 companies (2000 in software and services)

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Athens, 18 th May 2016 Professor Georgios Doukidis, Director

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  1. “Software as a GameChanger for the Greek Economy” Athens, 18th May 2016 Professor Georgios Doukidis, Director ELTRUN: the E-Business Research Center Athens University of Economics & Business

  2. 1. The Greek I.T. Sector • 6000 companies (2000 in software and services) • The local I.T. sector is only • 0.5% of the GDP (2% in EU) • 0.4% of the employment (1.5% in EU) • However in Greece the I.T. investments is 13,4% of total Investment (only 11% in EU) • The I.T sector (mainly software houses) did not manage to exploit this high investment with • more value added services • more exports • more innovative products

  3. 2. Resistance Ability during the Economic Crisis • 4% annual increase for the I.T. services sector (2009-2014) • where -3% annual decrease for the whole economy • Especially for small I.T services companies (6% annual sales increase) • Exports represents15% of sales • R&D expensesare 16% of sales ( only 0,2% for the rest of the economy)

  4. 3. The Impediments / Challenges of the Local Software Industry • The sector depends on the local public sector (40% of sales) • Lack of SMEs clusters (only few scientific) • Lack of funding for start-ups and appropriate ecosystem • Limited commercialization of scientific research • lack of world-class sectorial software solutions (i.e. shipping) • Lack of ready-made I.T professionals from Universities • Lack of local R&D centers of global companies (NOKIA, Accenture, Oracle)

  5. 4. Digital Reskilling the Workforce for Developing a Strong Software Industry • Motivate and inspire young people to learn programming (high school) • Upgrade ICT University courses to focus on current and future digital jobs (IoT, big data) • Promote complementary soft skills for ICT students • Organize ICT intensive and certified training programmers for unemployedSTEM graduates • Support initiatives that match the labor market with ICT candidates (intership) • Develop a flexible working environment (labor legislation) for young S.D freelancers and co-working spaces for S.Development • Initiatives to support innovative ICT start-ups

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